How Nair was paid
$16.9M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Balan NairChief Executive Officer & President | $1,500,000 | — | $5,888,225 | $5,327,633 | $3,757,250 | $44,205 | $368,539 | $16,885,852 |
| Christopher NoyesSenior Vice President & Chief Financial Officer | $726,469 | $608,344 | $1,496,201 | $1,718,592 | $791,000 | — | $34,676 | $5,375,282 |
| Aamir HussainSenior Vice President & Chief Technology and Product Officer | $669,235 | — | $1,346,580 | $1,546,730 | $791,000 | — | $116,396 | $4,469,941 |
| John WinterSenior Vice President, Chief Legal Officer & Secretary | $629,583 | $533,333 | $1,196,958 | $1,374,872 | $1,028,300 | $15,213 | $24,391 | $4,802,650 |
What changed and why
- $16.9MCEO total compensation decreased to $16,885,852 in 2025 from $18,487,068 in 2024.
- Annual equity grants consisted of RSUs and SARs vesting in three equal annual installments.
- Mr. Nair received target LILAB PSUs reflecting an extended performance period for 2025.
- Cash retention bonuses were approved for certain named executive officers in August 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.